CUS NTF NO. 38/2012 (NT) DATE 26/04/2012
Rate of exchange of conversion of each of the foreign currency with effect from 1st May, 2012
S.O. (E). – In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in super session of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No.26/2012-CUSTOMS (N.T.), dated the 28th March, 2012 vide number S.O. 625 (E), dated the 28th March, 2012, except as respects things done or omitted to be done before such super session, the Central Board of Excise and Customs hereby determines that the rate of exchange of conversion of each of the foreign currency specified in column (2) of each of Schedule I and Schedule II annexed hereto into Indian currency or vice versa shall, with effect from 1st May, 2012 be the rate mentioned against it in the corresponding entry in column (3) thereof, for the purpose of the said section, relating to imported and export goods.
SCHEDULE-I
|
S.No. |
Foreign Currency |
Rate of exchange of one unit of foreign currency equivalent to Indian rupees |
|
(1) |
(2) |
(3) |
|
|
|
(a) |
(b) |
|
|
|
(For Imported Goods) |
(For Export Goods) |
|
1. |
Australian Dollar |
54.95 |
53.70 |
|
2. |
Canadian Dollar |
54.05 |
52.65 |
|
3. |
Danish Kroner |
9.50 |
9.20 |
|
4. |
EURO |
70.35 |
68.70 |
|
5. |
Hong Kong Dollar |
7.20 |
7.10 |
|
[OLD-5. |
Hong Kong Dollar |
6.85 |
6.75] |
|
6. |
Norwegian Kroner |
9.35 |
9.05 |
|
7. |
Pound Sterling |
86.00 |
84.15 |
|
8. |
Swedish Kroner |
7.95 |
7.70 |
|
9. |
Swiss Franc |
58.50 |
57.10 |
|
10. |
Singapore Dollar |
42.70 |
41.80 |
|
11. |
US Dollar |
55.95 |
55.15 |
|
[OLD-11. |
US Dollar |
53.10 |
52.25] |
(Above exchange rate for the Hong Kong Dollar & US Dollar has been substituted vide CUS NTF NO. 45/2012 (NT) DATE 24/05/2012 effective from 25nd May, 2012)
SCHEDULE-II
|
S.No. |
Foreign Currency |
Rate of exchange of 100 units of foreign currency equivalent to Indian rupees |
|
(1) |
(2) |
(3) |
|
|
|
(a) |
(b) |
|
|
|
(For Imported Goods) |
(For Export Goods) |
|
1. |
Japanese Yen |
69.65 |
67.90 |
|
[OLD-1. |
Japanese Yen |
65.50 |
63.85] |
(Above exchange rate for the Japanese Yen has been substituted vide CUS NTF NO. 44/2012 (NT) DATE 21/05/2012 effective from 22nd May, 2012)
[F.No.468/07/2012-Cus.V]
(abhinav gupta)
Under Secretary to The Govt. of India
tele: 2309 4610
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